Thread regarding IBM layoffs

A look at IBM's AI-powered tools for the workplace

Over the following five years, IBM weathered a decline in profits as it invested in new sectors, forcing it to
let go of thousands of its 350,000 employees worldwide. But while CEO Ginni Rometty knew that
overcoming those challenges would sometimes be painful, she and human-resources chief Diane
Gherson developed a new approach to lessen the damage and increase long-term value.

But no details on why IBM weathered a decline in profits? Don't worry, we all know why.

https://www.businessinsider.com/ibm-artificial-intelligence-office-of-the-future-2019-8

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So it’s 5 years later and we can look at the results! Wall Street and Buffet both voted with their feet. Down 30% over a bull market Hell of a job Ginni hell of a job Why you deserve a bonus is beyond me. Every other CEO would have been shown the door IBM board when do you address this disaster and put the survival of the company ahead of the executives

https://finance.yahoo.com/news/investors-bought-international-business-machines-125151773.html

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